If you are searching for a Mutual fund where you can double your money within 2 years then there is one option that can be very useful for you because if you invest in this Mutual Fund then you can double your money within 2 years. But now the question is how much money you can invest. If you are investing 1 lac then you will get 2 lacs and if the amount that you are investing is 5 lacs then you will get 10 lacs. It totally depends on you that how much money do you want to Invest.
Without wasting any time, let’s know about the Mutual Fund that performed really well. After reading this article, there will be no questions to ask related to these Mutual Funds.
Top 10 Best Mutual Funds that double your money in just 2 years
The Mutual fund that can double your money within 2 years is Small cap equity Mutual Funds. If you invest in these mutual funds, then you can double your money within 2 years. But in this kind of mutual fund, the risk rate is also too high. If you are ready to take risk, then you can get high profit very easily.
Mahindra Manulife Small Cap Fund
This Mutual fund has performed very well. This has given a return of 53% within a year. If you are investing in its Direct Plan, then you can get a higher return than any other mutual fund. It can also give the same results in the upcoming time.
Bandhan Small Cap Fund
This mutual fund has also performed really well in the last one year. This has given a return of 49.48% which is better than others.
ITI Small Cap Fund
This mutual fund has given a return of 48.54% in the last 1 year. Don’t you think that this is comparatively good?
Franklin India Smaller Companies Fund
If we are discussing this mutual fund then this has given a return of 49.44% in the last 1 year. A lot of money is invested in this mutual fund.
Nippon India Small Cap Fund
This mutual fund has performed very well in the last year. This has given a 45.63% return to its investors.
Quant Small Cap Fund
We can see a very strong performance report of this mutual fund. This has given a return of 44.90% to the investors. After looking at last year’s reports, we can say that this mutual fund can also double your money easily.
HDFC Small Cap Fund
This mutual fund has also performed very well in the last year. Discussing its return, it has given approximately 43.90% return.
Sundaram Small Cap Fund
This Mutual fund has also given a good return in recent times. A return of more than 42% is given by this mutual fund in the last 1 year.
Invesco India Small Cap Fund
This mutual fund has also given very high profits in the last year. Talking about the returns of the mutual fund, the mutual fund has given returns of around 40%.
If you want to invest money in mutual funds for a long time also you can consider these mutual funds because you can get a good return on a long-term investment. And if you want to invest money for one or two years, then you should invest your savings only.
Conclusion
According to the specialist, you should invest only 10% to 20% of your portfolio because the loss chances are equally high in this kind of mutual fund. Or if these mutual funds go into loss then also you will get a 25 to 30% return.
If you choose any of these mutual funds, then you must understand this, after all, what percentage of the total funds have been invested by these mutual funds in small capitalization mutual funds? By that, you will get to know If there is any problem in these mutual funds or there is any fall in the market, then how much less return you will get and how much risk there is on your money.
Note – The information that is given here is my own research, So, before investing in these Mutual Funds do your own research for once!
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